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Mahindra Finance

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Mahindra Finance Branch Head salaries in India (Updated 2025)

Annual salary range
5 - 13 years exp.
₹2.5 Lakhs - ₹6.5 Lakhs
Salary of majority employees
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53% less than the average Branch Head Salary in NBFC Companies for 5 - 13 years of experience

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Salaries in different departments

Finance & Accounting
Branch Head Salary
6 - 12 years exp. (10 salaries)
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₹3.2 L/yr - ₹6 L/yr

Customer Success, Service & Operations
Branch Head Salary
5 - 13 years exp. (3 salaries)
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₹2.9 L/yr - ₹6 L/yr

BFSI, Investments & Trading
Branch Head Salary
5 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹4.1 L/yr

Sales & Business Development
Branch Head Salary
10 years exp. (AmbitionBox Estimate)
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₹5.7 L/yr - ₹6.3 L/yr

Last Updated: 14 Mar 2025

Companies similar to Mahindra Finance for Branch Head

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Branch Head Salary

2 - 10 years exp. (6 salaries)

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₹2.7 L/yr - ₹7 L/yr

arrow icon 1% more
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HDFC Bank Branch Head Salary

9 - 20 years exp. (319 salaries)

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₹7.5 L/yr - ₹25.1 L/yr

arrow icon 217% more
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Shriram Finance Branch Head Salary

3 - 12 years exp. (82 salaries)

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₹2.5 L/yr - ₹8 L/yr

arrow icon 11% less
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L&T Finance Branch Head Salary

3 - 8 years exp. (10 salaries)

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₹3.1 L/yr - ₹8.8 L/yr

arrow icon 5% more
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₹4.1 L/yr - ₹8 L/yr

arrow icon 22% more
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Muthoot Finance Branch Head Salary

6 - 15 years exp. (121 salaries)

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₹2.8 L/yr - ₹6.6 L/yr

arrow icon 2% more
1 job opening
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Aditya Birla Capital Branch Head Salary

5 - 15 years exp. (28 salaries)

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₹6.5 L/yr - ₹19.3 L/yr

arrow icon 113% more
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Reliance Capital Branch Head Salary

7 - 13 years exp. (14 salaries)

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₹5 L/yr - ₹7.8 L/yr

arrow icon 30% more
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Edelweiss Branch Head Salary

6 - 14 years exp. (9 salaries)

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₹3.6 L/yr - ₹12.7 L/yr

arrow icon 56% more
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Sammaan Capital Limited Branch Head Salary

5 - 14 years exp. (15 salaries)

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₹4.7 L/yr - ₹11.8 L/yr

arrow icon 67% more
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Manappuram Finance Branch Head Salary

1 - 8 years exp. (464 salaries)

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₹1.5 L/yr - ₹5.2 L/yr

arrow icon 32% less
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Aavas Financiers Branch Head Salary

4 - 15 years exp. (251 salaries)

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₹3 L/yr - ₹12 L/yr

arrow icon 49% more
1 job opening
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HDB Financial Services Branch Head Salary

7 - 18 years exp. (48 salaries)

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₹4.5 L/yr - ₹13.5 L/yr

arrow icon 92% more
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IIFL Finance Branch Head Salary

6 - 13 years exp. (39 salaries)

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₹3.8 L/yr - ₹6.8 L/yr

arrow icon 4% more
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PNB Housing Finance Branch Head Salary

5 - 18 years exp. (28 salaries)

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₹9 L/yr - ₹20.1 L/yr

arrow icon 167% more
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Muthoot Fincorp Branch Head Salary

3 - 11 years exp. (16 salaries)

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₹2 L/yr - ₹7.5 L/yr

arrow icon 18% less
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SMFG India Credit Branch Head Salary

8 - 18 years exp. (11 salaries)

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₹4.3 L/yr - ₹14.8 L/yr

arrow icon 99% more
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Capri Global Capital Branch Head Salary

6 - 12 years exp. (5 salaries)

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₹5 L/yr - ₹7.5 L/yr

arrow icon 15% more
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₹3.3 L/yr - ₹4.2 L/yr

arrow icon 26% less
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Tata Capital Housing Finance Branch Head Salary

14 - 17 years exp. (5 salaries)

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₹12 L/yr - ₹13.4 L/yr

arrow icon 146% more
View all
Branch Head salary at Mahindra Finance ranges between ₹2.5 Lakhs to ₹6.5 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 16 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Branch Head

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6 years exp.
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11 years exp.
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11 years exp.
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12 years exp.

Experience wise Mahindra Finance Branch Head salaries

Last Updated: 14 Mar 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹8.1 L/yr
6 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹8.4 L/yr
7 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹8.6 L/yr
8 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.7 L/yr
9 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹5.7 L/yr
View all

Similar Designation salaries in Mahindra Finance

Area Head Salary
(AmbitionBox Estimate)
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₹5.7 L/yr - ₹7.2 L/yr
Branch Manager Salary
(167 salaries)
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₹1.85 L/yr - ₹9 L/yr
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₹2.5 L/yr - ₹14 L/yr
Cluster Head Salary
(AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr
Accountant Salary
(82 salaries)
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₹1.2 L/yr - ₹5.25 L/yr
Area Manager Salary
(95 salaries)
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₹3.07 L/yr - ₹14 L/yr
Credit Manager Salary
(110 salaries)
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₹2.3 L/yr - ₹12.65 L/yr
Sales Manager Salary
(108 salaries)
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₹2.35 L/yr - ₹9 L/yr
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₹3.5 L/yr - ₹6.5 L/yr
Sales Officer Salary
(54 salaries)
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₹1.65 L/yr - ₹4.56 L/yr

Top skills at Mahindra Finance for Branch Head

Branch Management Branch Operations Retail Branch Banking Customer Service Administration Management Hospital Administration Radius DAS top HSE Management Audit Compliance Batch Manufacturing

Salary related reviews for Mahindra Finance

3.9

Rated by 11 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 02 Mar 2025

1.0
 for  Salary and Benefits

Likes

Can learn everything thing

  • Skill development - Good

Dislikes

They will never promote genuine employee never give a pay rise no bonus no grade change like a slave You can work there for 5+ years with the same salary even your managers will not support you for promotions and salary hike

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 20 Dec 2024

2.0
 for  Salary and Benefits

Likes

Nil

Dislikes

...MFSL is terrible. In the past 5 years from mar 2020 lots of dislikes happened i.e changes in salary stucture, poor increment, management changes, insecurity in job, etc.,

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 29 Oct 2024

5.0
 for  Salary and Benefits

Likes

...nt is preety good here. Ambience, work desk , cafeteria everything is top notch. Even the salary gets credited 2-3 days before the month ends.

read more
  • Salary - Excellent
  • +6 more

Dislikes

So far no issues.

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 31 Jul 2020

1.0
 for  Salary and Benefits

Likes

Nothing that i like about this company. They have deducted huge part of the salary (Fixed + Variable) of the employees. They have rather ditched us during the COVID 19 lockdown by deducting such a huge amount from our packages. Facing economic difficulties now due to this problem. No one is there to address to our grievances.

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Dislikes

...ed targets, Last years appraisals not done with an excuse of COVID 19 impact. Huge salary cuts from existing package which has taken us 4-5 years back in terms of or career path. Blocked huge amount of salary till March 2021 so that nobody can leave the company. Career growth here is horrible.The one with good references internally can grow within the system. Lot of politics going on around the work place. Employee opinion on innovation and work related ideas is least considered. Travel expenses,Telephone expenses,Petrol/diesel expenses are stopped. Employees paying from their own pocket.

read more
  • Salary - Bad
  • +6 more

BFSI, Investments & Trading Department

2.0
  •  posted on 28 Jun 2022

1.0
 for  Salary and Benefits

Likes

There are no lines except some work life balance. That too is deteriorating offlate.

  • Job security - Good

Dislikes

...ponent. It may or may not provide Performance Pay depending on many variables. New recruits be careful while negotiating salary. The HR will tell Performance Pay is assured and is paid almost certainly. Don't believe that. This is not true. Ask for increment on Fixed, not overall CTC. Just because they mention Performance Pay on offer letter CTC, there is no assurance, that they have to give you. Lots of politics and partiality over Performance. The company used to be good. Not anymore after 2019. HR is meaningless and can't help with anything. Off role employees (colleagues) were laid off with just 15 days salary. Not a professional organisation. Lots of Management issues.

read more
  • Salary - Bad
  • +4 more
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Mahindra Finance Branch Head Salary FAQs

What is the salary of Branch Head at Mahindra Finance ?
The average salary of a Branch Head at Mahindra Finance in India typically ranges from ₹2.5 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 5 years to 13 years).

The top 10% of Branch Head at Mahindra Finance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Branch Head Salaries at Mahindra Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ Mahindra Finance employees in India.
What is the estimated take home salary of a Branch Head at Mahindra Finance in India?
The estimated take-home salary of a Branch Head at Mahindra Finance in India typically ranges from ₹37,944 to ₹39,139 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 5 years to 13 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Mahindra Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Branch Head at Mahindra Finance ?
To be a Branch Head at Mahindra Finance in india, the key skills required include:

  • - Branch Management
  • - Branch Operations
  • - Retail Branch Banking
  • - Customer Service
  • - Administration Management

These skills are highly valued at Mahindra Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Mahindra Finance for Branch Head in India?
HDFC Bank ₹7.5 Lakhs to ₹25.1 Lakhs per year
PNB Housing Finance ₹9.0 Lakhs to ₹20.1 Lakhs per year
Tata Capital Housing Finance ₹12.0 Lakhs to ₹13.4 Lakhs per year
Aditya Birla Capital ₹6.5 Lakhs to ₹19.3 Lakhs per year
SMFG India Credit ₹4.3 Lakhs to ₹14.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mahindra Finance, depending on the role and experience level.
What is the salary of a Branch Head in companies similar to Mahindra Finance in India?
The salary of a Branch Head at companies similar to Mahindra Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDB Financial Services ₹4.5 Lakhs to ₹13.5 Lakhs per year
Poonawalla Fincorp ₹7.4 Lakhs to ₹13.0 Lakhs per year
Sammaan Capital Limited ₹4.7 Lakhs to ₹11.8 Lakhs per year
Edelweiss ₹3.6 Lakhs to ₹12.7 Lakhs per year
Aavas Financiers ₹3.0 Lakhs to ₹12.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Branch Head at Mahindra Finance in India?
The salary growth for a Branch Head at Mahindra Finance depends on factors such as experience, performance, and promotions. On average, a Branch Head can expect the following growth trajectory at Mahindra Finance:

Experience Average Salary Range
5 years ₹2.5 Lakhs to ₹8.1 Lakhs per year
6 years ₹3.2 Lakhs to ₹8.4 Lakhs per year
7 years ₹4.3 Lakhs to ₹8.6 Lakhs per year
8 years ₹4.4 Lakhs to ₹5.7 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra Finance Branch Head salary in India ranges between ₹2.5 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 Mahindra Finance latest salaries received from various employees of Mahindra Finance.